As required under Regulation 30 of Listing Regulations, Federal Bank has informed that Chandrasekhar, Part Time Chairman and Independent Director, whose contribution to the overall growth of the Bank has been taken on record by the Board, retired from the Directorship of the Bank on 28.02.2018, on completion of 70 years of age, in accordance with the regulatory requirements, including that of RBI Regulations.
The above information is a part of company’s filings submitted to BSE.